Produced by: Tarun Mishra Designed by: Mohsin Shaikh
Against the backdrop of Dalal Street's thriving environment, characterized by ongoing milestones in benchmark indices and various sectors, the primary market is witnessing heightened activity. This presents multiple investment opportunities as several companies gear up to launch their initial public offerings (IPOs) next week, accompanied by eight scheduled new listings. Here is a peak into the IPO's open for subscription currently.
Muthoot Microfin Limited's IPO opened for subscription today and will close on December 20, 2023. With a book-built issue of Rs 960 crore, the IPO comprises a fresh issue of 2.61 crore shares and an offer for sale of 0.69 crore shares, with a price band set at Rs 277 to Rs 291 per share.
The Suraj Estate Developers IPO, opened for subscription today and will close on December 20, 2023. The book-built issue is of Rs 400 crore. It is entirely a fresh issue of 1.11 crore shares, with an IPO price band set at Rs 340 to Rs 360 per share.
Motisons Jewellers Limited IPO opened for subscription today and will close on December 20, 2023. This book-built issue of Rs 151.09 crore is entirely a fresh issue of 2.75 crore shares, with the IPO price band set at Rs 52 to Rs 55 per share.
The Happy Forgings IPO will open for subscription on December 19, 2023, and will close on December 21, 2023. It is a book-built issue with a combination of a fresh issue of Rs 400 crore and an offer for sale of 0.72 crore shares. The IPO price band is set at Rs 808 to Rs 850 per share.
Mufti Menswear IPO, will begin its subscription on December 19, 2023, and will close on December 21, 2023. It has a book-built issue of Rs 549.78 crore. It consists entirely of an offer for sale of 1.96 crore shares, with the IPO price band set at Rs 266 to Rs 280 per share.
RBZ Jewellers IPO will open for subscription on December 19, 2023, and closes on December 21, 2023. It is a book-built issue of Rs 100 crore, entirely a fresh issue of 1 crore shares, with the IPO price band set at Rs 95 to Rs 100 per share.
Electro Force India IPO opens for subscription on December 19, 2023, and closes on December 21, 2023. This fixed-price issue amounts to Rs 80.68 crore, with a combination of a fresh issue of 60 lakh shares and an offer for sale of 26.75 lakh shares, priced at Rs 93 per share.
Shanti Spintex IPO will open for subscription on December 19, 2023, and close on December 21, 2023. The book-built issue of Rs 31.25 crore includes a fresh issue of 26.88 lakh shares and an offer for sale of 17.76 lakh shares, with the IPO price band set at Rs 66 to Rs 70 per share.
Trident Techlabs IPO is set to open for subscription on December 21, 2023, and will close on December 26, 2023. It is a book-built issue of Rs 16.03 crore, entirely a fresh issue of 45.8 lakh shares, with the IPO price band set at Rs 33 to Rs 35 per share.
Several IPOs are set to debut next week, including DOMS Industries, Indian Shelter Finance Corporation, Presstonic Engineering, S J Logistics (India), Shree OSFM E-Mobility, Siyaram Recycling Industries, Benchmark Computer Solutions, and Inox India Limited, listing on National Stock Exchange and Bombay Stock Exchange.